Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto

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Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto
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Ukraine legalized the crypto sector on Wednesday as ZelenskyyUa signed into law a bill that has been on the table since September, mintsyfra said. By egreechee

Ukrainian President Volodymyr Zelenskyy legalized crypto in the country, signing into law a bill on virtual assets, amid a frenzy of digital asset donations to support the country's defense against a Russian invasion.

The law determines the legal status, classification, ownership and regulators of virtual assets, as well as setting registration requirements for crypto services providers, the Ministry of Digital Transformation said in aThe market will be regulated by Ukraine's National Commission on Securities and the Stock Market.

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